The global small-cell satellite backhaul market, which was valued at around USD 5.4 million in 2017 is expected to reach approximately USD 7.2 million in 2024, growing at a CAGR of slightly above 4.0% between 2018 and 2024, according to Zion Market Research.
The new report is titled “Small Cell Satellite Backhaul Market by Technology (2G, 3G, 4G, and 5G) and by Service (Equipment, Integration services, Professional services, and Network services) – Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2024’’.
Small cells give adaptability and increased “Quality of Service” capabilities at an affordable price. Executing a small cell framework is additionally more environment-friendly as it will decrease the number of installed cell towers and provides a cleaner signal with reduced power. Small cells empower operators to spatially share important range. It even works inside the microcell impression, adequately conveying the network closer to the majority part of clients indoors and in exceptionally dense urban territories.
In remote areas such as African countries, the majority of people are not connected to high-speed services although the rapid penetration of fiber could affect the potential growth for satellite. The technology has revolutionised communication in remote areas. Completely remote areas, ships, airplanes, and islands can be connected with running voice, video, and data applications from any corner of the earth through satellite. Up to now, the high cost of satellite transmission capacity has restricted the usage of this technology to give backhaul to basic voice service. However, recent developments in small cell foundation and satellite technology are making 4G and 3G data services economically viable through satellite. Thus, rising implementation and development in the field of small cell technology will bolster global small cell satellite backhaul market over the forecast timeframe.
Satellite technology has effectively demonstrated highly adaptable solutions for mobile backhaul applications. New TDMA-based frameworks can transfer the data with highly cost-effective, carrier-class, and two-way methods along with all-IP property that is ideally suited for the small-cell environment. A small cell solution is ideal for rural network expansion and satellite backhaul is the only feasible solution for the rustic network. While addressing to the requirements such as densely-populated areas with high traffic volumes, gaps in radio coverage in more developed markets, or so far unconnected remote or rural areas, mobile operators are searching for cost-effective backhaul technologies that won’t just give the much-needed capacity gains, but also support the demands of their evolving networks in terms of flexibility, reach, and performance. Increasing benefits of this technology will support the growth of the global small cell satellite backhaul market.